Solana (SOL) has its sights set on $40

Solana (SOL) has its sights set on $40

Solana (SOL) has its sights set on $40ç Reacting quickly to price movements in Bitcoin (BTC), Solana (SOL) is determined to move upwards. SOL, which quickly keeps up with the sudden and sharp increases in BTC, continues its upward momentum. Despite the increase in BTC dominance, the major coin, which survived longer than other altcoins, jumped above $32.14 again. Looking at the short-term chart, the popular coin, which does not have many obstacles in front of it, has given the green light to $40.

Solana resists Bitcoin dominance well

BTC dominance, which was increasing day by day, could not prevent the rise of SOL. SOL, which fell below $ 32.14, managed to break above this resistance again in a few days. As of the writing of the news, the major coin, which found buyers at $32.23, will want to test $38.79 and $41.14 if it exceeds $34.84.

The silence of the Solana ecosystem and BTC’s loosening towards $ 30 thousand or staying below $ 32.14 may gradually pull SOL to lower levels. In such a situation, there may be declines up to $29.13 – $27.38 – $26.01 – $24.03 and $22.03 dollars respectively. If the negative scenario continues, a sharp move towards $19.45 is highly likely.

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